Southern Bank Acquisition: Merging Strategic Functions of Eastern and Western Bank

Project Management

Executive Summary:
Southern Bank acquisition focuses on merging the strategic functions of eastern and western
bank. The aim of the project is to design an acquisition process which is used for merging the
functioning and operation platform of eastern and western bank with the southern bank.
Strength and weaknesses of the banks can be determined by examining the coordination
between internal and external stakeholders. Merging of the banks helps in increasing the GDP
of the nation about 0.3%. Project is feasible because it helps in overcoming the flaws in the
operational working environment of the eastern, western, and southern bank so that quality of
service can be provided to the customers. Sustainability of the project depends on the
willingness and contribution of the stakeholder in finishing their task. Behaviour and
expectation of the stakeholders should be judged before the allocation of the responsibilities
and roles. Team work management can be improved by defining the collaborative transition
of the process to achieve the end result and desired outcome. Productivity and revenue
generation of the bank can be optimized by designing and planning advanced practices for
customising employees satisfaction with their jobs, HR practices employed for improving
self-confidence of the working employees by arranging training and development program,
managing effective loan processes, improving services provided to the customers by
minimizing the rate of interest on the loan, well-defined IT management system, and others.

Table of Contents
Introduction................................................................................................................................2
Project Aim................................................................................................................................2
Project Objectives......................................................................................................................2
Key Drivers................................................................................................................................2
Feasibility Analysis....................................................................................................................3
Risk Management Plan..............................................................................................................4
Potential Changes to the project scope.......................................................................................7
Identifying governance framework for integrating stakeholder behaviour and expectation.....8
Coordination between the team members................................................................................11